social media measurement and planning - beyond the like
TRANSCRIPT
Beyond the LikeSocial Media Measurement and Planning
DMA Data Conference 1st March 2012
@RogerWarner@ContentMotiongetintouch@contentandmotion.comwww.contentandmotion.co.uk
@RogerWarner / @ContentMotionWhat You’ll See
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• A talk about Social Media measurement and planning• Some things to avoid
• Platform trouble• Egomania• Boring trivia• Case study-ism• Wonk-ism
• A sensible game plan• A call to action
@RogerWarner / @ContentMotion
• Creative Social PR Engagement
• Independently owned. Formed Jan 2009
• 15 staff and growing
• 20 active clients
• OTE of £1m this year
• (All revenue is Social PR and majority is retained)
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We Help Brands Creatively Engage with the Social Web
@RogerWarner / @ContentMotion
• Instant international scale and coverage
• Pure play social media specialist
• Extensive social media experience
• Expert execution: cultural and local insight
• Central management model - single point of contact
Box Network: Founding Partner
4Italy Germany France UK Switzerland
@RogerWarner / @ContentMotion
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A horse is measured in hands, not hoofs
What’s the ROI of a horse..?
Avoid #1: Platform Trouble - The Value of Pinterest?
@RogerWarner / @ContentMotion7
What’s the Value of Pinterest?
Stop.The.Press.
In case you haven’t heard, last night TechCrunch announced that Pinterest hit 11.7 million UMVs, becoming the fastest standalone site ever to surpass 10 million monthly uniques. This presents a huge opportunity for brands...
@RogerWarner / @ContentMotion8
Pinterest: OMG!!
From visual.ly
People are spending more time on Pinterest than Google+ and LinkedIn
@RogerWarner / @ContentMotion9
Pinterest: The Eye of the Beholder
From visual.ly
There are not that many people on Pinterest
@RogerWarner / @ContentMotion10
Don’t Start Here
(Beware the numbers game.)
...and watch out for excitable pundits.
@RogerWarner / @ContentMotion11
It’s Getting Frothy Again
EyeballsUniques...etc
FansLikesRepinsReblogsRe, rewind...etc
Amazingly exciting numbers that bear no real meaning without context. Platforms are huge and very hard to measure in and of themselves.
A new communications platform
@RogerWarner / @ContentMotion
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Movable Targets
@RogerWarner / @ContentMotion
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Five Easy Program Rules
@RogerWarner / @ContentMotion14
Don’t Start Here
(Don’t start your planning with platforms)
‘Facebook’ isn’t your goal ...even if Acme Corp is doing it.
Avoid #2: Egomania - The Real Value of Your Brand?
@RogerWarner / @ContentMotionWhich of these Statements are True?
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• Utterly Butterly provides a compelling online experience
• Harley Davidson nurtures amazing brand ambassadors
• TomTom sends Santa Claus around the Facebook map - engagement up by 500%
• ASOS delivers more customer satisfaction each day on Twitter than M&S does by phone
• Ryan Air doesn’t give a hoot about social responses
• KLM does
• TopMan is more engaging than Burberry
• ...does the customer care as much as we do?
@RogerWarner / @ContentMotion17
What People Want
@RogerWarner / @ContentMotion18
What People Want
@RogerWarner / @ContentMotion19
What People Want
@RogerWarner / @ContentMotion20
What People Want
@RogerWarner / @ContentMotion
21Planning Governed by Sanity
@RogerWarner / @ContentMotion
What’s it all About...?
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It’s all about the share
(The root of all good measurement)
@RogerWarner / @ContentMotion23
What People Will DoFrom ‘The Future of Sharing’
We’ll need to work harder to generate key actions in the future
@RogerWarner / @ContentMotion24
What People Will DoFrom ‘The Future of Sharing’
Our analytics will also need to be smarter and more integrated with offline activities
@RogerWarner / @ContentMotion25
Don’t Start Here
(Plan around people... and people-based measures, like SHARING!)
Remember, people use Social Media to communicate with people, not to communicate with brands.
Avoid #3: Boring Trivia - The Value of a Like
@RogerWarner / @ContentMotion27
Social Media Measurement
@RogerWarner / @ContentMotion28
What You Can Get
@RogerWarner / @ContentMotion29
What You Can Also Get (Very)
@RogerWarner / @ContentMotion30
Don’t Start Here
(The Like!? Don’t even go there.)
It’s not nice. Makes your head hurt. And your CFO will laugh you out of the room.
Avoid #4: Case Study-ism
@RogerWarner / @ContentMotion32
ASOS on Facebook
3% of originating stories are posted by page admins97% are posted by FansBoth sources generate approximately the same response rates from fans (1k ‘ish)The lion’s share of page admin effort is directed at fan-generated content, not brand content
From @MediaCzar, StarCom MediaVest
@RogerWarner / @ContentMotion33
Budweiser on Facebook
32% of originating stories are posted by page admins58% are posted by FansBrand-driven content generates a disproportionate volume of responses from FansThe lion’s share of content is fan-generated, not brand-generated
From @MediaCzar, StarCom MediaVest
@RogerWarner / @ContentMotion34
What People Really Do
From ‘The Science of Sharing’
Search TalkingBrand site
Social is currently more important and influential in sectors whose products and services require less research investment and ‘involvement’ (where ‘involvement’ relates to anything from and including product knowledge, monetary value, historical buying patterns, etc)
@RogerWarner / @ContentMotion35
What Does this Prove?
(All brands are different.)
It may not be wise to measure like your neighbour - and try to avoid sector envy.
Avoid #5: Wonk-ism
@RogerWarner / @ContentMotion37
IAB
Do read this. It’s very, very good. Just not too sure about the neatness of the ‘i’, the ‘a; and the ‘b’.
@RogerWarner / @ContentMotion38
Don’t Measure Acronyms
(Don’t Measure Acronyms)
Just don’t. Too contrived?
@RogerWarner / @ContentMotion39
On Engagement
‘Engagement’ is an unworkable and meaningless
concept. It means everything. And absolutely
nothing. And as such it cannot possibly claim to be
any kind of metric.
Too many ‘engagement’ zealots take the easy path,
choosing to measure what’s easy to measure, but
sidestep the far harder task. They focus on
intermediate measures (communication and brand
responses) at the expense of hard business and
purchase behaviour measures.
Martin Weigel, Head of Planning, W+K Amsterdam: ‘Engagement’: Fashionable Yet Bankrupt
@RogerWarner / @ContentMotion40
Don’t Start Here
(Don’t measure engagement.)
It’ll p*ss Martin off.
A Sensible Game Plan
@RogerWarner / @ContentMotion42
True Cost of a FanFrom @MediaCzar, StarCom MediaVest
(Obviously...)
@RogerWarner / @ContentMotion43
Facebook Premium for Brands
Beyond Edgerank - “Reach Generator’: Pay to ensure 75% of updates are seen by fans.
Every ad will start as a news story.
New premium ad format - any post can be changed to appear in newsfeed, at right hand side of page, mobile news feed, and logout page.
If you’re not paying for the product, you are the product.
The value of a fan is an ad unit. Welcome to the Matrix : )
@RogerWarner / @ContentMotion
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What’s the ROI of a horse?
Speed Pulling powerRecreation Paddy Power
@RogerWarner / @ContentMotionThe Value of a ‘Fan’?
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• The value of earned media they deliver (fans as message beacons)• The value of direct sales they generate (fans as DR)• The value of indirect sales they generate (fans as referral scheme)• The value of sales leads they generate (fans as CRM)• The direct effect they have on other established disciplines such as Search (fans as SEO)• The effects that being a fan have on purchase patterns (fans for lifetime value)• The value of indirect costs they reduce on the business (fans for customer service / R&D)• The reduction in service delivery costs (Facebook, etc, as media partner)• The value of brand awareness, recall, preference that they generate (fans as PR)
• ...or, the relative value of a known and desired outcome - take your pick and start charting
@RogerWarner / @ContentMotionDMA Frameworks - A Disclaimer
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• A work in progress• DMA best practise measurement frameworks forthcoming• A series of ‘off the shelf’ documents to help you to plan and measure campaign effectiveness• Organised by outcomes - e.g.
• Brand awareness• Lead acquisition• Ecommerce sales• Search optimisation• ...etc
@RogerWarner / @ContentMotionThe Value of an Outcome (Macro)
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Reduction Marcoms Cost
EnhancementBrand
Reduction Service/R&D Cost
EnhancementSales
@RogerWarner / @ContentMotionWhat and Where to Measure
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Reduce Marcoms Cost
EnhanceBrand
Reduce Service/R&D Cost
EnhanceSales
Your brand presence/visibility on ‘leased’ spaces...Google, Facebook, Twitter, etc
Customer activity on ‘owned’ spaces...Web site, stores, conferences, etc
Cost analysis vs traditional channels...support, research, etc
Cost analysis vs traditional media...print, TV, etc
@RogerWarner / @ContentMotion
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The Social Funnel - Driving Some Action
@RogerWarner / @ContentMotion50
Reporting 101
TomTom Xmas 2011 SantaNav Facebook campaignMeasuring the outcomes that matter to the workBrand enhancement - reach, interactions, acquisition
@RogerWarner / @ContentMotion51
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10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
Q1 Q2 Q3 Q4
Average Monthly TomTom Brand Mentions
Mentions
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5,000
10,000
15,000
20,000
25,000
Jan-
11
Feb-1
1
Mar-
11
Apr-11
May
-11
Jun-
11
Jul-1
1
Aug-1
1
Sep-1
1
Oct-1
1
Nov-1
1
Dec-1
1
Volume of TomTom Twitter Followers
Followers
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
Jan-
11
Feb-1
1
Mar-
11
Apr-11
May
-11
Jun-
11
Jul-1
1
Aug-1
1
Sep-1
1
Oct-1
1
Nov-1
1
Dec-1
1
Volume of TomTom Facebook Fans
Fans
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Sentiment Around TomTom Across All Media Sources
NEU NEG POS
TomTom Social Media Performance FY2011
@RogerWarner / @ContentMotionRecap
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• Don’t fixate on the platforms - Google+ might not matter to you
• Don’t overestimate the interestingness of your brand on Social - you’ll miss your KPIs
• Don’t fixate on every possible action - a Like and a RT have no true meaning
• Don’t get hung up on irrelevant case studies
• Have a healthy distrust of frameworks (inc ours) and the fluffy stuff
• Create plans, goals and measurements around outcomes
• Align these outcomes to your regular business operations
• And remember...
@RogerWarner / @ContentMotion53
Remember...
(Social Media didn’t invent marketing.)
It just made it a little different. Think: shock of the old. Mix the new with the known.
Please tune in to developments from the DMA Social Media Council - we will blog all our progress as we create our measurement frameworks. We would appreciate your input.
Thank You!